MAX ENERGI AS

Org. no. 960853776 · Tynset · Founded 1991

Score · fiscal year 2024

55of 100

How to read this: the company is ahead of 59 % of companies in the Morning class Medium in the same sector in 2024. What does this mean?

Rank in the Morning class Medium: 1,454 of 3,520 · What are Morning company classes?
Place in the whole sector: 9,280 of 22,333 · Handel

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 56 and solidity 68 out of 100 among companies in the Morning class Medium in the same sector in 2024. Methodology

Against the sector

MAX ENERGI AS is 5 points above the median for companies in the Morning class Medium in the same sector in 2024.

Median score 50 among 3,520 companies.

Against companies in the Morning class Medium in the same sector in 2024: operating margin 2.1% (median 2.9%) and equity ratio 42.9% (median 30.2%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue71 MNOK92 MNOK
Operating margin 2.1% 2.9% 41 %
Profit margin 1.3% 2.7% shown, not part of the index
Return on assets 18.6% 11.8% 71 %
Equity ratio 42.9% 30.2% 68 %
Debt-to-equity 1.33 2.23 67 %
Current ratio 1.42 1.40 52 %
Revenue growth −3.2% 5.1% 24 %

The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 55, MAX ENERGI AS does better than 59% of companies in the Morning class Medium in the same sector (3,520 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • MAX ENERGI AS
  • Median: companies in the Morning class Medium in the same sector
Analysis · 2024

What the numbers say

MAX ENERGI AS had an operating margin of 2.1% and an equity ratio of 42.9% in 2024, and ranks 9,280 of 22,333 in Handel.

From 2023 to 2024: went from a loss to a profit before tax and the equity ratio rose from 24.1% to 42.9%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 4 MNOK and 13 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.6 MNOK 10.0 6 MNOK
EV/EBIT Operating profit: 1.5 MNOK
minus net debt −0.7 MNOK
8.0 13 MNOK
P/B Equity: 3.5 MNOK 1.0 4 MNOK

A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation

Indications · 2024

Worth a closer look

No rules were triggered for this year.

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 13.5% of the debt in 2024. The policy rate averaged 4.50 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.

See interest rates, prices and exchange rates for the sector

Data quality

No anomalies found in the figures.

Stress test · 2022

Scenario analysis: the sector's weakest year

We have no accounts for 2022, the sector's weakest year, for this company.

The sector's weakest year was 2022, with a median operating margin of 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability56 weight 30%
Solidity68 weight 25%
Liquidity52 weight 15%
Growth24 weight 15%
Consistency63 weight 15%

Durability: 41 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is MAX ENERGI AS?

The operating margin was 2.1% in 2024, against a median of 2.9% among companies in the Morning class Medium in the same sector. Return on assets was 18.6%.

How solid is MAX ENERGI AS?

The equity ratio was 42.9% in 2024 (median 30.2%). Debt-to-equity was 1.33 (median 2.23).

What is the liquidity of MAX ENERGI AS like?

The current ratio was 1.42 in 2024 (median 1.40).

How does MAX ENERGI AS compare in Handel?

MAX ENERGI AS ranks 9,280 of 22,333 in Handel for 2024. Among companies in the Morning class Medium it is number 1,454 of 3,520. Revenue changed by −3.2% from the year before.

From the Central Coordinating Register

Org. no.
960853776
Legal form
AS
Sector
Handel (46.810)
Morning company class
Medium
Employees
0–4 (not registered)
Founded
1 January 1991 35 years in operation
Share capital
0.10 MNOK
Business address
Brugata 7, 2500 TYNSET
Municipality
Tynset rank 3–8 of 18 in KOSTRA group 2
Latest accounts filed
2025

Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre

Ownership and roles

Chief executive
Leif Arne Myhre
Chair of the board
Leif Arne Myhre
Auditor
REVISORKONSULT AS
Accountant
SPAREBANK 1 FORRETNINGSPARTNER ØSTLANDET AS

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Owners and shareholdings will appear here once the shareholder data extract is in place.

Coming · not built yet

Error in the data?

Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.

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Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index275538
Rank17,2749,28016,481
Operating margin−2.1%2.1%0.5%
Return on assets−12.4%18.6%3.6%
Equity ratio24.1%42.9%38.4%
Current ratio1.091.421.41
Revenue growth–−3.2%−13.9%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue73.3 MNOK71.0 MNOK61.1 MNOK
Operating profit−1.5 MNOK1.5 MNOK0.3 MNOK
Profit before tax−1.6 MNOK0.9 MNOK0.4 MNOK
Net profit−1.3 MNOK0.6 MNOK0.3 MNOK
Financial expenses0.1 MNOK0.6 MNOK0.0 MNOK
Total assets12.2 MNOK8.2 MNOK9.9 MNOK
Current assets10.1 MNOK6.7 MNOK8.6 MNOK
Equity2.9 MNOK3.5 MNOK3.8 MNOK
Retained earnings2.8 MNOK3.4 MNOK3.7 MNOK
Total liabilities9.2 MNOK4.7 MNOK6.1 MNOK
Current liabilities9.2 MNOK4.7 MNOK6.1 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 5990869.